Suppose Dan's cost of making pizzas is Dan is a price taker. What is Dan's supply function?

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Suppose Dan's cost of making pizzas is

Dan is a price taker.
What is Dan's supply function? What if Dan has an avoidable fixed cost of $10?

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Microeconomics

ISBN: 978-1118572276

5th edition

Authors: David Besanko, Ronald Braeutigam

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Question Posted: Mar 18, 2016 04:48 AM

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Suppose Dan's cost of making pizzas is Dan is a price taker. What is Dan's supply function?

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40 and his marginal cost is 2 20

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Dans supply function isQ 20 P 80 if P 4 Dans supply function if he has an avoidable fixed cost of 10 ...View the full answer

Microeconomics

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